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What Impact Will Trump Have on Canadians? -E60
Trump won! Are we in for doom in the Canadian Markets? Alex McFadyen of Flow Mortgage Co. explores the implications of Donald Trump's recent U.S. election victory for Canadian real estate and mortgage rates. The discussion covers the historical correlation between U.S. policies and Canadian mortgage rates, the effect of U.S. treasury yields on Canadian bond yields, and how these changes could influence fixed and variable mortgage rates in Canada. McFadyen dives into the potential impacts on inflation, economic growth, and housing demand. Key takeaways include the importance of monitoring…
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